If the released value is < 3.9% for the Unemployment Rate event, we could see a $170 movement on NZDUSD within 2 hours following the release at 19 May 11:30. This movement may form an downwards trend for 2 hours following the event release at 19 May 11:30. Historical events that allowed us to draw this conclusion

20 Jan 11:30	16 Dec 11:30
16 Sep 11:30	19 Aug 11:30
15 Jul 11:30	20 May 11:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).